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Nov 7, 2012
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he joins us from our washington d.c. bureau. what do you make of today's stock sell-off? election related? >> so, stew, is what we saw today in the stock market, with the selloff, the reaction to status quo. >> no. i think that is an overstatement. i think it is more of a reaction to what happened in europe, where the e.u. central banker said that germany was not looking so hot. >> so instead of reacting to the election, it was europe in your analysis. let's talk about the economy here, though, with the fiscal clip. you heard john boehner willing to accept new revenue. heaharry reid in the senate, saying you can't push us around anymore. is this language that begins compromise. >> it will begin compromise, but it may be far more horrowing. it may be it takes place next year, rather than this year. the problem is john boehner himself has one more election. he wants to be re-elected as speaker of the house. that does not take place until january 3, 2013. if he cuts a deal with barack obama, he faces a serious revolt in his own caucus. >> tom: is your caution then don't expe
he joins us from our washington d.c. bureau. what do you make of today's stock sell-off? election related? >> so, stew, is what we saw today in the stock market, with the selloff, the reaction to status quo. >> no. i think that is an overstatement. i think it is more of a reaction to what happened in europe, where the e.u. central banker said that germany was not looking so hot. >> so instead of reacting to the election, it was europe in your analysis. let's talk about the...
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Nov 17, 2012
11/12
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. >> this week on "inside washington," a sex scandal at the top of the cia. the benghazi blame game. >> the american people deserve to know the facts. we cannot ever let this happen again. >> why would susan rice not get our vote? i don't trust her. >> defending susan rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> there are no barriers to sitting down and beginning to work through this process. >> as the fiscal cliff loans, is there a deal in the works? mitt romney explains why he lost. >> the president's campaign focused on certain members of his base coalition, give them extraordinary financial gifts from the government, and worked very aggressively to turn them out to vote. captioned by the national captioning institute --www.ncicap.org-- >> well, i just don't know where to begin this week. do we talk about republican charges of a cover-up with regard to the attack in benghazi? do we talk about sexual liaisons and e-mails? to talk about israel and gaza, the possibility of the fiscal cliff? le
. >> this week on "inside washington," a sex scandal at the top of the cia. the benghazi blame game. >> the american people deserve to know the facts. we cannot ever let this happen again. >> why would susan rice not get our vote? i don't trust her. >> defending susan rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> there are no barriers to sitting down and beginning to work through this...
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Nov 10, 2012
11/12
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victory and fallout, tonight on "washington week." the lines were long. the victory party was robust. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. gwen: a the thank yous were fervert. >> i'm really proud of all of you. it will go on in history. people will read about it it. and they'll marvel about it. >> as president obama claimed his second term. the election turned out to be a lesson in truth and consequences. what did the obama campaign do right and what did the romney campaign do wrong? >> and i ran for office because i'm concerned about americans. this election is over. but our principles endure. >> the voters have their say. leaving washington to search for a compromise even as a fiscal crisis looms. >> this is an opportunity for the president to lead. this is his.
victory and fallout, tonight on "washington week." the lines were long. the victory party was robust. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. gwen: a the thank yous were fervert. >> i'm really proud of all of you. it will go on in history. people will read about it it. and they'll marvel about it. >> as president obama claimed his second term. the...
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Nov 17, 2012
11/12
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the conversation continues online on the "washington week" webcast. we're going to talk about the stories we covered this year that made us the most thankful. keep up with daily developments with me on the pbs news hour and we'll see you right here again next week on "washington week." have a wonderful thanksgiving. good night. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875, we have been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years from insurance to investment managemenmro f real estate to retirement solutions, we have developed new ideas for the financial challenges ahead. this rock s never stood still. and that's one thing that will never change. prudential. >> corporate funding for "washington week" is provided by norfolk southern, boeing. additional funding for "washington week" is provided by the annenburg foundation, the corporation for public broadcasting, and by contributions to your pbs station from viewers liou. oc
the conversation continues online on the "washington week" webcast. we're going to talk about the stories we covered this year that made us the most thankful. keep up with daily developments with me on the pbs news hour and we'll see you right here again next week on "washington week." have a wonderful thanksgiving. good night. >> funding for "washington week" is provided by -- >> this rock has never stood still. since 1875, we have been there for our...
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Nov 10, 2012
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[laughter] >> and washington state. >> let's give a shout out to the state of maryland. voters in maryland passed the dream dream act. if you're qualified, you will have an in-state rate. good for maryland. >> last word. thank you. see you next week. >> for a transcript of this broadc ot,og lnto -- is"inside washington" brought to by the american association of federal employees. -- government employees, proud to make america work. for more information andwe mesheritip, visit our website. e. alan alda: coming up on "the human spark, i come face to face with a chimp torn between being friendly...
[laughter] >> and washington state. >> let's give a shout out to the state of maryland. voters in maryland passed the dream dream act. if you're qualified, you will have an in-state rate. good for maryland. >> last word. thank you. see you next week. >> for a transcript of this broadc ot,og lnto -- is"inside washington" brought to by the american association of federal employees. -- government employees, proud to make america work. for more information andwe...
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Nov 8, 2012
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. >> rose: so now the president goes back to washington. he has the interim now between the lame duck status or you might argue before the inauguration and the old congress is still in power until inauguration takes place can he get anything done in this interim period? >> well, i think if the majority in the house want to get something done they can get something done we have a fiscal cliff being reached on january 1 with tax cuts expiring, a sequester going into effect. i don't think people can just ignore that. i know the president will not want to. we need to get our long term fiscal house in order so that the short term economic growth and activities and business can get back with some certainty to try and create jobs, increase their opportunities around the world. so i think if the president and congress want to they can get something done in the short term or at least get a framework they all agree on that then can get implemented possibly after the holidays. there's too much on the plate to wait until the new congress after january
. >> rose: so now the president goes back to washington. he has the interim now between the lame duck status or you might argue before the inauguration and the old congress is still in power until inauguration takes place can he get anything done in this interim period? >> well, i think if the majority in the house want to get something done they can get something done we have a fiscal cliff being reached on january 1 with tax cuts expiring, a sequester going into effect. i don't...
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Nov 15, 2012
11/12
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. >> i'm al hunt of "bloomberg news" filling in for charlie rose from washington. we quinn if th evening with news from the white house. president obama heldaise first press conference since his reelection. he delivered a brief opening statement, emphasizing the need to avert the fiscal cliff set to take effect january 1. >> there's only one way to solve these humans and that is to do it together. as i've said before, i'm open to compromise and i'm open to new ideas and i've been encouraged the past week to hear republican after republican to agree on the need from more revenue from the wealthiest american as parent of our arithmetic if we're serious about reducing the deficit. >> the president fielded questions. the budget was the most pressing subject. obama vowed not tho extend the bush tax cuts for the top 2% of income earners. >> when it comes to the top 2%, what i'm not going to do is to extend further a tax cut for folks who don't need it, which would cost close to $1 trillion, and it's very difficult to see how you make up that trillion dollars, if we're se
. >> i'm al hunt of "bloomberg news" filling in for charlie rose from washington. we quinn if th evening with news from the white house. president obama heldaise first press conference since his reelection. he delivered a brief opening statement, emphasizing the need to avert the fiscal cliff set to take effect january 1. >> there's only one way to solve these humans and that is to do it together. as i've said before, i'm open to compromise and i'm open to new ideas and...
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Nov 10, 2012
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"washington week" can be seen later this evening on most pbs stations. we'll see you online, and again here monday evening. have a nice weekend. thank you and good night. >> major funding for the pbs newshour has been provided by: >> music is a universal language. but when i was in an accident, i was worried the healthcare system spoke a language all its own. with united healthcare, i got help that treat my life, information on my phone, connection to doctors who get where i'm from, and tools to estimate what my care may cost. so i never missed a beat. >> we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. united healthcare. bnsf carnegie and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org gwen: the president's convincing re-
"washington week" can be seen later this evening on most pbs stations. we'll see you online, and again here monday evening. have a nice weekend. thank you and good night. >> major funding for the pbs newshour has been provided by: >> music is a universal language. but when i was in an accident, i was worried the healthcare system spoke a language all its own. with united healthcare, i got help that treat my life, information on my phone, connection to doctors who get where...
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Nov 8, 2012
11/12
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david, you're not in washington right now. mark, you are. but welcome back. let's start-- let me start out quickly, david, what more is there to be said about last night in the way everything unfolded? >> don't mess with big bird. the revemple of pbs. the revenge of pbs. no, i'm not sure that was a voting issue. the fundamental issue is this is a country that is an incredibly diverse country that has changed demographically, a lot more latinos, a lot more asian americans, a lot more single women, a lot more single men, and a lot more college-educated men and culturally the republican party didn't move. they have to do what every single company in the country basically, every university has done-- adapt to the new reality. they have to put up a story that will appeal to these groupses, these new and rising groups. the problem they're going to have is already a lot of republicans are saying, "we just have to fix immigration reform. our policy on immigration reform." that's necessary but not sufficient. they have to come up with a story about how you make it in
david, you're not in washington right now. mark, you are. but welcome back. let's start-- let me start out quickly, david, what more is there to be said about last night in the way everything unfolded? >> don't mess with big bird. the revemple of pbs. the revenge of pbs. no, i'm not sure that was a voting issue. the fundamental issue is this is a country that is an incredibly diverse country that has changed demographically, a lot more latinos, a lot more asian americans, a lot more...
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Nov 18, 2012
11/12
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where are there areas that your people would prefer that washington doesn't ago? guest: our membership wants to see the details before they take a position. they have talked broadly about the value of a reformed tax system where you lower rates but then make the tax code simpler and fairer and that includes reducing or eliminating certain deductions. people not there has when that broad statement is made by the when the rubber hits the road, that particular item or exclusion or deduction, it might hit your your industry. we believe in the best interests of the country and the best interests of the economy and avoiding the fiscal clef or digging out of these holes more broadly that tax reform in that direction should be on the table but our members have not taken a position yet on specific exemptions. g>> do you have any personal thoughts on tax increases? would there be a certain number that is acceptable? guest: i don't think there is a desire to increase capital gains taxes. if we want to encourage investment, we want people hold investments and reward that. i d
where are there areas that your people would prefer that washington doesn't ago? guest: our membership wants to see the details before they take a position. they have talked broadly about the value of a reformed tax system where you lower rates but then make the tax code simpler and fairer and that includes reducing or eliminating certain deductions. people not there has when that broad statement is made by the when the rubber hits the road, that particular item or exclusion or deduction, it...
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Nov 24, 2012
11/12
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where were you, washington d.c. doing your own budgeting, their confidence has been tested time and again, persistent high unemployment and fragile economic growth and customers want to know d.c. is working on their behalf and walgreen stepping out saying customers need clarity. gerri: every company out there, if there saying anything at all they are saying do something. it breaks down after that. some say i want to make more taxes and do not raise taxes. [talking over each other] >> walgreen's is saying we want to make investments to create jobs. what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is no
where were you, washington d.c. doing your own budgeting, their confidence has been tested time and again, persistent high unemployment and fragile economic growth and customers want to know d.c. is working on their behalf and walgreen stepping out saying customers need clarity. gerri: every company out there, if there saying anything at all they are saying do something. it breaks down after that. some say i want to make more taxes and do not raise taxes. [talking over each other] >>...
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Nov 3, 2012
11/12
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next up, "washington journal." after that, a brief look at senator chris is on the ballot next to sticker it -- next tuesday. >> this has been the subject of some debate. some scholars think that booth in the event of the death of the president and vice- president, the secretary of state was tasked with organizing an election. i do not think so. bruce was not a lawyer, he was an actor. a shakespearean actor comedic late julius caesar and backward and forward. he viewed himself as practice, doing the right thing for rome, he viewed lincoln s. caesar, the tyrant. he wanted to be sure that the co-tyrant was unlimited as follows the tyrant. >> more about the leader of abraham lincoln's team of rival s. rt >> this morning, fred sainz discusses same-sex ballot measures in four states next week. week.
next up, "washington journal." after that, a brief look at senator chris is on the ballot next to sticker it -- next tuesday. >> this has been the subject of some debate. some scholars think that booth in the event of the death of the president and vice- president, the secretary of state was tasked with organizing an election. i do not think so. bruce was not a lawyer, he was an actor. a shakespearean actor comedic late julius caesar and backward and forward. he viewed himself...
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Nov 11, 2012
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washington state voted to not have a tax on millionaires. people finally look at the amount of money that jerry brown had to spend to get that initiative across the finish line. it is not a strong argument that is a popular thing. i am all in favor of california experimenting on itself. i think it is a fair to do a more of a petri dish in california, but they are having an experiment. most americans have been leaving california. people from california leave. states like maryland experimented with the millionaires' tax the other day. people were leaving. it is helpful to have the states to give you a lesson on what happens when you decide to raise taxes on the rich. they move a. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan
washington state voted to not have a tax on millionaires. people finally look at the amount of money that jerry brown had to spend to get that initiative across the finish line. it is not a strong argument that is a popular thing. i am all in favor of california experimenting on itself. i think it is a fair to do a more of a petri dish in california, but they are having an experiment. most americans have been leaving california. people from california leave. states like maryland experimented...
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Nov 8, 2012
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aggressively support an agenda to undo the regulatory madness in washington. permanently banned earmarks, reform the tax code, returned the country to constitutional government, commit itself to a strong military, rejecting any cuts from sequestration and embrace a strong and socially conservative agenda and all its forms. the gop has an excellent party platform. if you want our support, support your own platform first. thank you. >> jeff bell, representing american principles project. >> thank you, richard. i think it is important for conservatives to start by confronting the fact that the 2012 election was an historic victory for the american left. it was probably the greatest since 1936. unlike 1992, 1996, or 2008, the democratic national ticket did little if anything to obscure the nature and content of its agenda. it would be surprising if the obama administration did not interpret its victory as a mandate to complete the european-izing of american government and it would not be surprising if it ministration pays little if any attention to the republican
aggressively support an agenda to undo the regulatory madness in washington. permanently banned earmarks, reform the tax code, returned the country to constitutional government, commit itself to a strong military, rejecting any cuts from sequestration and embrace a strong and socially conservative agenda and all its forms. the gop has an excellent party platform. if you want our support, support your own platform first. thank you. >> jeff bell, representing american principles project....
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Nov 11, 2012
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. >> as washington likes are against this grover norquist. they are noted for the anti-tax plans. our panel of journalists, steven sloan from politico and russell berman from "the hill" >> thank you for being here. i want to talk about your interpretation of the election and what it means for the direction of tax policy. >> we had a split decision appeared the president won by two points. he won by 7.2 years ago against a war hero. he and 9 million fewer votes. he is a lame duck now. he said he was interested in raising taxes a year from now on anyone. his physician from four years ago was that they would not raise taxes on anyone. he was very clear and no taxes if you made less than $250,000. this year august 8, he started with a new framework. my plan is that i will not raise taxes on anyone who earns less than $250,000 a year. his only promising -- he is only promising not to raise income taxes. this is not include energy taxes. is only promising to protect income taxes for one year. at the end of the year, he has promised the middle-class nothing. you have one guy says he will
. >> as washington likes are against this grover norquist. they are noted for the anti-tax plans. our panel of journalists, steven sloan from politico and russell berman from "the hill" >> thank you for being here. i want to talk about your interpretation of the election and what it means for the direction of tax policy. >> we had a split decision appeared the president won by two points. he won by 7.2 years ago against a war hero. he and 9 million fewer votes. he is...
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Nov 21, 2012
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anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too. today we not only honor the oval office, but we honor the cubicle, and the home office as well. because today it's about all of us. and no matter who you are, you're the commander-in-chief of your own life. ♪ >>> incredible intrusion into your personal freedom. vermont senator the leading democrat sponsoring this bill denies supporting his own bill. what happened? did he miss the part about rights? we have ckathrine mangaward thi is really something. don't need a search warrant to go into your e-mails. in fact you don't eve
anyway, back to washingtoning. the senate is going to vote on a bill that could let the feds read your e-mails without even a warrant. the bill's own sponsor probably never read his own bill in the first place and now, this goofy guy has withdrawn his support. free market capitalism is the best path to prosperity. but let's lower those rates too. how about a ko dudlowian flat t? i'll be right back. lives in the, it's about who lives in the yellow house, the green, and the apartment house, too....
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Nov 24, 2012
11/12
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what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is not like they are saying we want a voice in what is going on. there saying our customers are concerned. of course it is a revenue problem. shoppers and consumers are not coming in because they're worried about the fiscal cliff. gerri: all singing the with one voice. interesting to see if anybody hears that. thanks for coming on. appreciate it. guess what else has joined the fiscal liftoff? the federal gas tax, special interests in washington are pushing for an increase in the gas tax which has been stuck at the same rate for 20 years. right now the fe
what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is not like they are saying...
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Nov 8, 2012
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i went to washington by running against an unpopular war. i leave knowing the landscape changed but the needs remain. i congratulate eric swalwell on his victory. eric swalwell hasn't heard from pete stark till we showed it to him. >> i would say the people -- their craving and desire to have someone who will live in the district and work hard for the people back in washington. >> reporter: pete stark was under fire for living in maryland while saying this home was his resident. pete stark also had to back track. >> i wish him well. he served for 40 years. that is something he should be proud of. >> reporter: eric swalwell goes to washington as the second youngest member of congress. live, eric rasmussen. ktvu channel 2 news. >>> another democrat was unseeded last night. brad sherman meet howard burrman. he got 42% of the vote. >>> voters approved the ballot measure to raise taxes. 54% of voters said yes to prop 30. compared to 46% who voted no. governor jerry brown says it puts california on a more solid fiscal footing. >> this takes time a
i went to washington by running against an unpopular war. i leave knowing the landscape changed but the needs remain. i congratulate eric swalwell on his victory. eric swalwell hasn't heard from pete stark till we showed it to him. >> i would say the people -- their craving and desire to have someone who will live in the district and work hard for the people back in washington. >> reporter: pete stark was under fire for living in maryland while saying this home was his resident....
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Nov 7, 2012
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he the knockout natiynt of "mornings with madison "and washington post." thank you for ins good to be he >> joe, is the republican party rty in crisis and one of the things is that the adults simy have not shown up to the party. you know, this goac nixon's adminiration when the crats were tossed out or left the demeived in open as by the republican party and why you saw the south all red yesterday. if you remember, l and the wilfiasco, at his death b t. ande talked about this election that is that it's not art of in. yo like newt gingrich said, five white idea of outreach is nvme black telling them what we've decided to do. that's not inclusion. >> no. >> that's not inclusion. >> not at all. nia-malika, u think? >> there is. as know said, there is a lot of finger and this is a party in disarray. u last many years not only the southern stregy in play but a reliance, i think, on a realization that america is a diverse country.d we there was a sign among republicans that this was still reagan's america. 88% of the share of e vote was white americans and that
he the knockout natiynt of "mornings with madison "and washington post." thank you for ins good to be he >> joe, is the republican party rty in crisis and one of the things is that the adults simy have not shown up to the party. you know, this goac nixon's adminiration when the crats were tossed out or left the demeived in open as by the republican party and why you saw the south all red yesterday. if you remember, l and the wilfiasco, at his death b t. ande talked about...
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Nov 28, 2012
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just urging washington to do the right thing whether it is simpson-bowles, john boehner and harry reid, everybody getting together. let's get on with it. liz: you got back from my plays were trying to lure jobs from a software company, any luck on that front? >> to have a strong presence in rhode island which they acquired in long island and we want them to stay and grow me very productive meeting face-to-face with the ceo of. that is always a good idea to have a face-to-face meeting. liz: i know we have to go, but quick question, are you preparing two separate budgets for the inevitability? >> of course. those are the types of cuts we really cannot afford them. we have been through tough times in long island and across the country, of course the loss of the stimulus money when i came in we had a big deficit we had to overcome. having to get deeper into that whole would not be good for the economy. liz: thank you for joining us rea.we like our governors of evy state. he is an independent. if so many defense jobs. our governors on the edge week. utah governor in another fox business exc
just urging washington to do the right thing whether it is simpson-bowles, john boehner and harry reid, everybody getting together. let's get on with it. liz: you got back from my plays were trying to lure jobs from a software company, any luck on that front? >> to have a strong presence in rhode island which they acquired in long island and we want them to stay and grow me very productive meeting face-to-face with the ceo of. that is always a good idea to have a face-to-face meeting....
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Nov 9, 2012
11/12
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WBAL
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lynn. >>> tracie potts for us in washington. tracie, thank you. >>> here's a side of the leader of the free world. this happened on wednesday as the president thanked staffers from his campaign headquarters. this is new video from his campaign. take a listen. >> you guys worked for what i'm doing. i'm really proud of that. i'm really proud of all of you. and what you -- [ applause ] >> very emotional moment for everyone there. >>> well, we shift gears. after nearly being killed by jared loughner, former arizona congresswoman gabby gifts came face to face with him in a tucson courtroom yesterday. loughner was sentenced to seven consecutive life terms. her husband, mark kelley, told loughner, quote, you may have put a bullet through her head, but you haven't put a dent in her spirit. kelly also blasted arizona governor jan brewer as secless with her response to gun violence. kelly will sit down with savannah guthrie. >>> more than a week after hurricane sandy, drivers are still feeling the effects and frustration with long lines f
lynn. >>> tracie potts for us in washington. tracie, thank you. >>> here's a side of the leader of the free world. this happened on wednesday as the president thanked staffers from his campaign headquarters. this is new video from his campaign. take a listen. >> you guys worked for what i'm doing. i'm really proud of that. i'm really proud of all of you. and what you -- [ applause ] >> very emotional moment for everyone there. >>> well, we shift gears....
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only in washington and does the speaker think he has a mandate is big is the president. >> you have 435 elected members of the house. the chance is a majority of them will vote for a tax rate increase are minimal. but a bipartisan majority will vote to through the revenues increase through limiting deductions is high. that is the way to go. he did not do that with the price of politics and repaid the economic price. it is harder to solve but the avenue is clear. gerri: i am glad to hear you are not as cynical as i am. now what do you think? who is the party of gridlock? log on and there will share the results of. >> he won another four years but what does his victory mean for your health care? >> back to the bargaining table with the fiscal cliff will lawmakers of both sides find common ground? one week after destruction they cannot get a break as another storm hits the northeast. we're on the case next. ally bank. why they're always there to talk. i love you, james. don't you lovee? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh.
only in washington and does the speaker think he has a mandate is big is the president. >> you have 435 elected members of the house. the chance is a majority of them will vote for a tax rate increase are minimal. but a bipartisan majority will vote to through the revenues increase through limiting deductions is high. that is the way to go. he did not do that with the price of politics and repaid the economic price. it is harder to solve but the avenue is clear. gerri: i am glad to hear...
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Nov 9, 2012
11/12
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tracie potts is in washington with the latest on that. good morning to you. >> reporter: lynn, good morning. and in that speech, and it will be a speech because there will be no questions, we're told, from the white house, the president will urge congress to do one thing immediately. extend the bush tax cuts. that means your tax rate would not go up as of january 1st. beyond that, it's still vague. we're told he won't pitch a specific plan but he will urge congress, republicans and democrats, to cooperate to avoid that fiscal cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people are making more money an
tracie potts is in washington with the latest on that. good morning to you. >> reporter: lynn, good morning. and in that speech, and it will be a speech because there will be no questions, we're told, from the white house, the president will urge congress to do one thing immediately. extend the bush tax cuts. that means your tax rate would not go up as of january 1st. beyond that, it's still vague. we're told he won't pitch a specific plan but he will urge congress, republicans and...
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Nov 29, 2012
11/12
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in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary should the president return to wall street. he it must be someone who understands markets, marry. >> me have 33 days to -- head of all pi he told john harwood. marge i will hates have to go up somewhat. he said that's going to put a drag on the economy but we have to do something about the deficit. i don't really understand reasonings. i think he needs to go back to economic then i would argue the deficit gets worse because the revenues don't come in because the unemployment rate goes up. >> you're absolutely right. france instituted a 75% marginal tax great early last night grease going we've got to m
in fact, if you listen to, it again, i'm not a master of the political art here, i'm in washington but i would say if you had these points of views in a business context, as close as they are, i would say a deal would be in reach. >> you see some fundamental level of optimism from lloyd blankfine but a long way to go with the combination of prief pressure and public pressure, like the president is going to exert before we actually go to the flight of fired. i asked the treasury secretary...
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Nov 28, 2012
11/12
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maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree. bad bad bad in the short run. may be badder in the long run. jeff thank you. that is it for this evening's show. thank you for watching. we'll keep working on it. we'll be back tomorrow night. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they
maybe the market has to fall a lot to get washington to do the right thing. maybe they have to take over. >> it could be larry that we need this bungee cord and it is so painful that they get together a deal. it is that type of thing, we saw it happen in august of 2011. and the market fell, i think 13% in a few days and washington got it's head together on that. i think it was last year, it wasn't until the 23rd of december and i think it was the 17th of the year before. >> i agree....
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Nov 4, 2012
11/12
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george will was in the home in northwest washington, a syndicated columnist, a conservative, and he's writing out the column for that week, and he's a crash. he rushes out, and on the residential street are two cars crash into each other and a dead motorist that was expelled from the door. he comes back in, tears up his column, and he writes the column saying we should have mandatory installation of air bags. enough of these pitiless abstractions. all right. now, this is not a list of policy wonkish-type recommendations; although, it has policy recommendations. it trying to say what is long overdue changes and solutions that we need this this country? what kind of support is there out there. how do we get the tools of democracy? how do we get the mobilization all over the country to push them into application? whether they are through congress, whether they are through our own community economies, whether through our own personal self-determination, neighbor-to-neighbor, accumulating across the country. let's say a lot of people think the tax system is nutty, crazy, overly complex, un
george will was in the home in northwest washington, a syndicated columnist, a conservative, and he's writing out the column for that week, and he's a crash. he rushes out, and on the residential street are two cars crash into each other and a dead motorist that was expelled from the door. he comes back in, tears up his column, and he writes the column saying we should have mandatory installation of air bags. enough of these pitiless abstractions. all right. now, this is not a list of policy...
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Nov 20, 2012
11/12
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and while everybody is worried, washington, guess where they are, they're on vacation. tom: the fiscal cliff is looming, many companies are preparing for the worst. already cutting back on things like hiring and spending among those kind of things but nobody in washington, nobody is there working to get the mess sorted out. the president touring asia, congress is on recess. tea party activist says the government has got to get their priorities in check. and so this is something that has been a pet peeve of mine not just for the last couple of days or since the election, because once we knew there was going to be a fiscal cliff, we were talking about this six, eight months ago and everybody washington sat back and did nothing. >> i think it is funny people are criticizing the president for being abroad in asia during this crisis. the president can do what he does at the white house, which is absolutely nothing to prevent the economic calamities that will come on all americans because of his fiscal policies. at the end of the day the worst fiscal cliff is becoming a sensi
and while everybody is worried, washington, guess where they are, they're on vacation. tom: the fiscal cliff is looming, many companies are preparing for the worst. already cutting back on things like hiring and spending among those kind of things but nobody in washington, nobody is there working to get the mess sorted out. the president touring asia, congress is on recess. tea party activist says the government has got to get their priorities in check. and so this is something that has been a...
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partiiularly when it comes another crisis in washington. so, what happens if i'm in an accident and need to get my car fixed? progressive makes it easy, because give you choices. you can pick where tget your car fixed, we can cut you a check, or, at our service cenr, we takeare of everything for you. [ relaxing mus playing ] [ chuckles -whew, so many choices. -take your time. thegi neil: okay, we have some money for special graphics. we do not exhausted all on one thing. that sums up what is going on here. mcdonald's is down for the count. the first back to back report. a big drop off today. the biggest two-day drop off. i'm thinking a global slowdown and no one in washington is very any of these issues. >> bad and getting worse. i do know a lot of economists are saying people are snapping up treasuries left and right. 1.5%. neil: that is a safe place to park and john layfield, when i look at that and obviously what is collective cynicism about washington, making a deal on this end of the year nightmare that we have facing us, i can well un
partiiularly when it comes another crisis in washington. so, what happens if i'm in an accident and need to get my car fixed? progressive makes it easy, because give you choices. you can pick where tget your car fixed, we can cut you a check, or, at our service cenr, we takeare of everything for you. [ relaxing mus playing ] [ chuckles -whew, so many choices. -take your time. thegi neil: okay, we have some money for special graphics. we do not exhausted all on one thing. that sums up what is...
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Nov 10, 2012
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neil: lessons for washington. the president made clear today, governor, he's not compromising on this revenue issue, the tax hike issues, the $250,000 and over crowd pay more in taxes. in an east room statement today, he said essentially that's not negotiateble. he didn't quantify exactly how much the rate should be, the old talk was get it back up to 39.6%. some, maybe over animal -- analyzing thought it was up for negotiation. how much do you raise the rich folks' taxes when you implement it, but what do you read into that and how much flexibility is he offering into that? there was a guest who said there's no flex the in this position, but just wants to whrak the rich just like he always did. >> first of all, delighted that president obama won re-election, and we know how difficult it was given the fragile enomy that we have here in america, but i lieve he wants to accomplish two things. one, he wants to generate revenue, ad goo portion of which goes to pay down the debt, and he wants to grow the economy puttin
neil: lessons for washington. the president made clear today, governor, he's not compromising on this revenue issue, the tax hike issues, the $250,000 and over crowd pay more in taxes. in an east room statement today, he said essentially that's not negotiateble. he didn't quantify exactly how much the rate should be, the old talk was get it back up to 39.6%. some, maybe over animal -- analyzing thought it was up for negotiation. how much do you raise the rich folks' taxes when you implement it,...
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Nov 7, 2012
11/12
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let's find out what the scene is look in washington, d.c. >> at the white house, pennsylvania avenue. matt. >> reporter: we're right now in front of the white house. just in front of lafayette park here. i don't know if you can hear. there's a lot of beeping. it's almost as if it's 5:00 in the afternoon. a lot of people walking towards the white house. this is how it's been for i'd say the last 20 minutes. some of the polls from ohio, and other places started to come in showing president obama with the lead, people really started to come towards the white house. they're gathered out in front at the white house at this point. a larger group. many people running towards the white house saying we did it. cheering. obama four more years. how are you feeling tonight? >> i'm so excited. >> were you watching from home? >> i've been watching from a car down the street. >> were you here four years ago? >> no, this is my first time. i'm excited about it. but all of these folks have been here before, so we're excited. >> four more years! >> i can't wait. >> so that's basically it. more and more
let's find out what the scene is look in washington, d.c. >> at the white house, pennsylvania avenue. matt. >> reporter: we're right now in front of the white house. just in front of lafayette park here. i don't know if you can hear. there's a lot of beeping. it's almost as if it's 5:00 in the afternoon. a lot of people walking towards the white house. this is how it's been for i'd say the last 20 minutes. some of the polls from ohio, and other places started to come in showing...
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Nov 5, 2012
11/12
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it was politically engineered by powerful players in washington and on wall street. you can read how they did it in this book "winner-take-all politics" by two of the country's top political scientists, jacob hacker and paul pierson. they were drawn to a mystery every bit as puzzling as a crime drama "how washington made the rich richer and turned its back on the middle class." quote -- "we wanted to know how our economy stopped working to provide prosperity and security for the broad middle class." and that's what you saw. >> i think a lot of people know. the top one or two wrongs have shot up into the stratosphere while all of the other ones have stayed more or less in place. it's really astonishing how concentrated the games of economic growth have been. >> you know the startling statistic that we have in the book is that if you take all of the income gains from 1979 to 2007, so all the increased household income over that period around 40% of those gains went to the top 1%. and if you look at the bottom 90%, they had less than that combined. and it's not just a o
it was politically engineered by powerful players in washington and on wall street. you can read how they did it in this book "winner-take-all politics" by two of the country's top political scientists, jacob hacker and paul pierson. they were drawn to a mystery every bit as puzzling as a crime drama "how washington made the rich richer and turned its back on the middle class." quote -- "we wanted to know how our economy stopped working to provide prosperity and...
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Nov 10, 2012
11/12
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fallout, tonight on "washington week." the lines were long. the victory party was robust. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. gwen: a the thank yous were fervert. >> i'm really proud of all of you. it will go on in history. people will read about it it. and they'll marvel about it. >> as president obama claimed his second term. the election turned out to be a lesson in truth and consequences. what did the obama campaign do right and what did the romney campaign do wrong? >> and i ran for office because i'm concerned about americans. this election is over. but our principles endure. >> the voters have their say. leaving washington to search for a compromise even as a fiscal crisis looms. >> this is an opportunity for the president to lead. this is his. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenge. gwen: here to cover another historic week dan balz of "the washington post."
fallout, tonight on "washington week." the lines were long. the victory party was robust. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. gwen: a the thank yous were fervert. >> i'm really proud of all of you. it will go on in history. people will read about it it. and they'll marvel about it. >> as president obama claimed his second term. the election...
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Nov 29, 2012
11/12
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david: our next guest says leaders in washington are not the only ones that can help our fiscal health the wall street has to step up as well. joining us former fdic chair, author of, bull by the horns, i love the name of that book. sheila. >> nice to be here, thank you. david: you want to increase taxes on investment. a lot of these taxes have come down tremendously over the past 15 years. of course it started with the clinton administration when he cut capital-gains taxs. >> he did. david: usually the more you tax something the less you get of it as a result. >> correct. david: don't we want more investment now? >> well, i think there is plenty of investment dollars out there. just they're not going into very productive investments. you know, look, the issue is not whether you want to penalize the investment income. the issue whether you want to penalize wages and we pay substantially higher rates on wage income which is where most americans get their money, than we do investment income. no economic research that shows that having a lower capital gains rates spurs investment that cre
david: our next guest says leaders in washington are not the only ones that can help our fiscal health the wall street has to step up as well. joining us former fdic chair, author of, bull by the horns, i love the name of that book. sheila. >> nice to be here, thank you. david: you want to increase taxes on investment. a lot of these taxes have come down tremendously over the past 15 years. of course it started with the clinton administration when he cut capital-gains taxs. >> he...